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Friday, September 30, 2016

Korean Ship Orders Up 322%

March 7, 2000

Korean Ship Orders Up 322% New orders received by South Korean shipbuilders in February totaled 1.26 million gt, up 322.7 percent from the same month a year earlier, provisional figures from the Korea Shipbuilders' Association showed. Orders received in January-February period totaled 2.32 million gt for 37 ships, up 232.1 percent from the same period a year ago. Korea received orders for 21 new ships in February. Ten ships, totaling 718,000 gt, were completed during the month. A total of 27 ships, worth 1.67 million gt, were completed in the first two months of this year, down from 1.93 million GT for 35 ships in the same period a year ago.


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